Oil Supply to Exceed Demand in 2025

Oil dips as economic concerns, supply and demand expectations weigh
Oil prices slipped on Thursday after surging in the previous session on a larger-than-expected draw in U.S. gasoline stocks, as markets weighed macroeconomic concerns and demand versus supply expectations.
IEA Says Trade Tensions Weigh on Oil Demand, Warns of Supply Surplus
The International Energy Agency said the macroeconomic conditions underpinning its oil-demand projections have worsened over the past month due to global trade tensions.
Global oil supply expected to exceed demand by 1 million b/d in 2025: IEA
IEA projects global oil supply to exceed demand by 1 million b/d in 2025 due to trade tensions and OPEC+ cuts.
Oil prices settle lower as IEA warns that trade tensions will undercut demand
Oil futures settled lower on Thursday after the International Energy Agency’s monthly report underscored worries that rising global trade tensions could undercut energy demand.
Oil Demand Threatened by Trade War, Tariffs: IEA
You and the team write that macro conditions that underpin our oil demand projections deteriorated over the past month as trade tensions escalated. What is your estimation in just how harmful some of the tariffs,
Oil Supply to Exceed Demand in 2025 as Trade Tensions Cloud Outlook, IEA Says
Global oil supply is expected to exceed demand this year, while trade tensions are clouding the outlook, the International Energy Agency said on Thursday. The agency's projections suggest supply may exceed oil consumption by around 600,
Saudi crude oil supply to China to slump in April, sources say
Saudi Arabia's shipments of crude oil to its biggest customer, China, are expected to drop in April to their lowest in more ...
Just The News2d
Trump tries refilling critical fuel stockpile, but Biden’s drain may do lasting damage, experts say
While former President Joe Biden wasn’t the first president to use the Strategic Petroleum Reserve for political reasons, he drained it more than any president before him. The frequent draws and ...
Oil News: Crude Prices Stagnate as Economic Fears Counter Supply Tightness
Crude oil prices hold steady as supply tightness supports the market, but economic fears and trade risks keep upside momentum ...
Oil dips, pressured by tariff worry, supply-demand expectations
Oil prices slipped on Thursday as markets weighed macroeconomic concerns, including the risk that tariff wars between the U.S ...
The Business Times1h
Oil rebounds 1% to end week steady amid prospect of Ukraine ceasefire
NEW YORK] Oil prices rebounded by 1 per cent on Friday (Mar 14) to end the week nearly unchanged as investors weighed the ...
Crude Oil Declines Sharply Amid Market Uncertainty, OPEC+ Supply Adjustments
WTI crude oil continues to drop below the long-term support zone, while natural gas has hit strong resistance at $4.90.
Oil prices under $60 a barrel would hit small producers, Occidental Petroleum exec says
Smaller producers will likely pull back on activity if oil prices fall below $60 a barrel, Fred Forthuber, president of OXY ...
U.S. Gasoline Stock Draw Lends Support to Crude
Oil futures gain as the EIA's report of a 1.4 million barrel increase in U.S. crude oil stocks is offset by a bigger-than-expected 5.7 million drawdown in gasoline inventories. U.S. inflation for ...
Oil snaps 4-day losing streak but remains stuck below $70 a barrel
Oil futures finished with small gains Thursday, snapping a four-day losing streak after ending the previous session at nearly ...